Catholic Charities Foundation

Analysis

Catholic Charities Foundation is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Catholic Charities Foundation reported income of $107k and spending of $256k, spending 238% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $382k to $107k (-72%), an average of -27% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 275% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 34th percentile within WA. Charities of a similar size with the same main cause include Solon Senior Adovcates Inc ($107k), Hortonville Football Booster Club Ua ($107k) and Appalachian Assistive Technology Loan Fund Inc ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% of the total. Compensation of current officers, directors and key employees was $26k (10.0% of expenses). At year end it held assets of $4.2m against liabilities of $2.0m, net assets of $2.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.